Sonata Software sees subdued FY25; still expects double digit growth

Sonata Software will likely see a subdued FY25 due to a slowdown seen in its subsidiary, Quant Systems, and continued delay in the deal ramp-ups, the company’s CFO Jagannathan Chakravarthi Narasimhan told FE.

“So for the year (FY25), they (Quant) still are confident that later part of the year, they will grow. But in Q1, we are not sure what kind of growth will be coming in. Later part means, July to September and October to December will be a good quarter for them. But not very clear about April to June quarter. Hence, we said there will be a softness in growth for us.”